If a Hypothesis Test Leads to the Rejection of the Null

question 68

Multiple Choice

If a hypothesis test leads to the rejection of the null hypothesis,

• A)a Type II error must have been committed
• B)a Type II error may have been committed
• C)a Type I error must have been committed
• D)a Type I error may have been committed

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Definitions:

Economic Decisions

Choices made by individuals, households, or firms regarding the allocation of resources.

Cross-Cultural Variations

The differences in norms, behaviors, beliefs, and practices among cultures around the world.

Analytic Cognitive Style

A way of thinking that emphasizes logical analysis, precision, and systematic evaluation of information.

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An approach that emphasizes the importance of the whole and the interdependence of its parts.